Metals X
Stock Code
Stock Exchange
Metals X (MLX) is a diversified minerals company with the current market capitalisation of around $120M. MLX is engaged in the exploration and development of minerals and base metals in Australia. The Company sources revenue from royalties it receives from sales of nickel at third party operations. Its assets pipeline includes Tin, Nickel, Zinc, Copper, Gold and Uranium projects in various stages of exploration and development in Australia. Metal X listed on the Australian Stock Exchange on 26th August, 2004.
Exploration mining company, Westgold Resources (ASX:WGR) have announced takeover plans for Aragon Resources (ASX:AAG), valuing AAG at $76 million. Westgold, which holds a 20.1 per cent stake in the target, said it would offer one Westgold share for each Aragon share held plus one option for every Aragon option held.
Study the dividend history for METALS X LIMITED. Dividends are a portion of company profits paid out to shareholders. You are eligible to receive MLX dividends if you own the METALS X LIMITED shares on the ex-dividend date. Traders and investors must purchase the stock before the exdividend date to be entitled to the dividend. The previous owner of the shares will receive the MLX dividend if you buy the stocks on or after the ex dividend date.
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